MOCKINGBIRD TRAIL TRACT

1191 N Lake Way, Palm Beach FL 33480

6 beds · 8.5 baths · 8,440 ft²

Closed

$19,900,000

7.44%

Est. Payment $105,916/mo

MLS Sheet Video

6

Bedrooms

8.5

Bathrooms

8,440

Sq. Ft.

2011

Year Built

3

Garage

2

Stories

312

Days on Market

Description

Better than new – custom built magnificent lakefront estate with stately front and rear elevation and expansive water views from virtually every room! Grand arrival through a hedged and manicured brick and pebble driveway into the expansive motor court, 3 car garage with staff, yacht captain or separate guest quarters (1 bed/1 bath) featuring a full kitchen and living area. Enter the main home and immediately breathtaking intracoastal views make the home bright and inviting from the living room, formal and informal dining, expansive family room – chefs kitchen, and library. Full master suite down & another upstairs! Elevator, gym or additional bedroom up – w/ ample additional guest bedrooms and a ''bonus'' air-conditioned third level for storage rarely seen in a Palm Beach estate residence Outdoors enjoy an oversize pool - privacy from all neighbors and a locked gate leads to your own private dock - wood and aluminum - a boaters dream! Interior finishes include stone and hardwood floors, exotic marbles and upgraded fittings. Pristine - nothing to do- condition. Over sized home site on one of the islands best locations. Generator, rare coquina stone patios, loggias and entry - entire property of the highest caliber and with extraordinary attention to every detail.

Facts

MLS#
R10481408
Subdivision
MOCKINGBIRD TRAIL TRACT
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2011
Lot Size
23,087 ft²
Sq. Ft.
8,440 ft²
Sq. Mt.
784 m²
Price per sq. ft.
$2,358/ft²
Price per sq. mt.
$25,383/m²
Stories
2
Garage
3 spaces
Pool
Private
Days on Market
312 days
Listed
Nov 15, 2018
Last Updated
Jul 5, 2026
Price/Lot Sq.Ft.
$862/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

72

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/5/2026Sold$19,900,000
1/21/2020Price change$19,900,000-7.4%
11/15/2018Listed for sale$21,500,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1191 N Lake Way, Palm Beach FL 33480Directions

Estimated Monthly Payment

$122,649/mo

Principal & Interest

$105,916

Property Tax

$16,583

Insurance

$150

HOA

$0

20% ($3,980,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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